DROST FONDEN
Credit rating
Company information
About DROST FONDEN
DROST FONDEN (CVR number: 76940819K) is a company from KØBENHAVN. The company recorded a gross profit of -8762.8 kDKK in 2021. The operating profit was -11.5 mDKK, while net earnings were 107.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.6 %, which can be considered excellent and Return on Equity (ROE) was 28.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. DROST FONDEN's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | |
---|---|---|
Volume | ||
Net sales | ||
Gross profit | - 496.26 | -8 762.79 |
EBIT | -2 795.86 | -11 473.21 |
Net earnings | 69 734.46 | 107 077.25 |
Shareholders equity total | 331 943.43 | 430 640.58 |
Balance sheet total (assets) | 670 333.15 | 813 803.44 |
Net debt | 194 799.31 | 217 534.62 |
Profitability | ||
EBIT-% | ||
ROA | 13.1 % | 18.6 % |
ROE | 21.0 % | 28.1 % |
ROI | 13.2 % | 18.9 % |
Economic value added (EVA) | -2 269.88 | -30 450.90 |
Solvency | ||
Equity ratio | 49.5 % | 52.9 % |
Gearing | 73.3 % | 60.1 % |
Relative net indebtedness % | ||
Liquidity | ||
Quick ratio | 1.8 | 1.1 |
Current ratio | 1.8 | 1.1 |
Cash and cash equivalents | 48 588.04 | 41 214.80 |
Capital use efficiency | ||
Trade debtors turnover (days) | ||
Net working capital % | ||
Credit risk | ||
Credit rating | A | A |
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